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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC

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To: CoffeePot who wrote (183)1/16/1999 2:38:00 PM
From: JEM  Read Replies (1) of 476
 
but in the long run I think short is the way to go

Seems a few million other shorts agreed with you - last month. :)

I personally still believe in GBFE in the long run, but that's just me. I'll be watching and waiting for how things look as it calms down again. Aside from any possibilities with this whole Disney *thing*, if they can somehow sell the Wisconsin biz as they hoped, or another division, they might be able to scrape together enough for what they need short-term, enough to live to fight another day. I'm still wondering what their plans are for their entertainment division, which I believe was their most profitable, since Eric left and GBFE said at the time that he wouldn't be replaced and there would be 'restructuring'.

Good luck to you.

*JEM*
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